Three New Investment Projects Worth $15.1M Approved

Three New Investment Projects Worth $15.1M Approved

Three new investment projects worth a combined $15.1 million have been approved by the Council for the Development of Cambodia (CDC).

1) MOUNTAIN FOREST PRODUCT CO., LTD will establish a factory to produce plywood, plywood, furniture, furniture assemblies, plywood and wood chips, in Special Economic Zone of Sihanoukville province, with an investment capital of approximately 2 million US dollars and can create 165 jobs.

2) KINGMALL INDUSTRIAL (CAMBODIA) CO., LTD. will build a factory to produce doors, windows and aluminum products, which is located in the special economic zone of Sihanoukville province, with an investment capital of about 5.5 million US dollars and can create 120 jobs.

3) KINGMALL INDUSTRIAL (CAMBODIA) CO., LTD. will establish a furniture factory located in the Cambodian Special Economic Zone in Sihanoukville, with an investment of 7.6 million US dollars and can 90 jobs.

The three projects are expected to create nearly 400 jobs for locals.